#struck off

[poorly-drawn-mdzs]

Expertise can't help you here.

[microvista]

Struck Off Company India: Understanding the Process and Implications

Introduction

In India, the process of striking off a company from the register of the Registrar of Companies (RoC) is known as "striking off." It is a legal procedure through which a company can voluntarily cease its operations and be removed from the official records. This article aims to provide a comprehensive understanding of the process and implications of striking off a company in India.

Struck Off Company India: What Does It Mean?

A struck off company in India refers to a company that has been removed from the register of companies maintained by the RoC. This action effectively terminates the legal existence of the company and brings an end to its corporate activities. Once struck off, the company is no longer recognized as a legal entity and cannot carry out any business operations.

Why Would a Company Choose to be Struck Off?

Reasons for Voluntary Striking Off

Completion of Objectives: A company might choose to be struck off if it has achieved its objectives or is no longer able to continue its operations.

Financial Difficulties: Companies facing severe financial difficulties may opt for striking off as a means to avoid further liabilities and obligations.

Restructuring: In cases where a company wishes to undergo significant restructuring or reorganization, striking off can be a viable option.

Non-Operational Status: If a company has remained non-operational for a considerable period and has no intention of reviving its activities, striking off can be a prudent choice.

Consequences of Striking Off

Legal Existence: Once a company is struck off, it ceases to exist as a legal entity. It cannot sue or be sued in its name, enter into contracts, or carry out any business activities.

Asset Dissolution: The assets and properties of the struck off company become the property of the Indian government. They are transferred to the Companies Liquidation Account.

Ongoing Legal Proceedings: Striking off does not absolve the company from any ongoing legal proceedings. It remains liable to face legal actions even after being struck off.

Disqualification of Directors: Directors of a struck off company are disqualified from being appointed as directors of any other company for a specified period.

Struck Off Company India: The Process

Step 1: Board Resolution

To initiate the process of striking off, the board of directors must pass a resolution approving the decision. The resolution should be recorded and maintained for future reference.

Step 2: Clearing All Dues

Before proceeding with striking off, the company must ensure the settlement of all outstanding liabilities, including taxes, debts, and statutory dues.

Step 3: Closure of Bank Accounts

The company should close all its bank accounts and ensure the transfer of remaining funds, if any, to the Companies Liquidation Account.

Step 4: Application to Registrar of Companies (RoC)

The company is required to submit an application in the prescribed form to the RoC, along with the necessary documents and information as specified by the authorities.

Step 5: Publication of Notice

Upon receipt of the application, the RoC publishes a notice in the Official Gazette and on its official website, inviting objections, if any, within a specified period.

Step 6: Verification and Approval

The RoC verifies the application and conducts necessary checks. If satisfied with the information provided, the RoC approves the striking off and publishes a final notice in the Official Gazette.

Step 7: Striking Off

After the completion of the above steps, the company is officially struck off from the register of companies maintained by the RoC.

FAQs about Struck Off Company India

Q: Can a struck off company be revived? A: Yes, a struck off company can be revived by following the process of company restoration prescribed by the Companies Act.

Q: How long does the striking off process take? A: The duration of the striking off process can vary depending on various factors. It usually takes several months to complete.

Q: Can a struck off company still own properties? A: No, once struck off, the company's properties are transferred to the government. The struck off company no longer owns any assets.

Q: Are the directors personally liable for the company's debts after striking off? A: In general, after striking off, the directors are not personally liable for the company's debts. However, they may still face legal consequences for any fraudulent or unlawful activities.

Q: Can a struck off company be investigated by authorities A: Yes, a struck off company can still be investigated by authorities if there are suspicions of misconduct or any illegal activities.

Q: Is it mandatory for a company to be struck off if it is non-operational? A: No, striking off is not mandatory for non-operational companies. However, it is a recommended course of action to avoid ongoing compliances and liabilities.

Conclusion

Understanding the process and implications of striking off a company in India is crucial for business owners and stakeholders. It provides insights into the legal procedures involved and the consequences of choosing this path. While striking off can be a strategic decision in certain circumstances, it is essential to consult legal professionals and comply with the regulations to ensure a smooth process.

[rowanisawriter]

Thanatos’s sprite being so intimidating with his scythe and his scowl and his pale eyes is actually so funny since it turns out he’s the most ridiculous character in the game and says shit like “what are we” and “i miss not feeling anything” and he gives you his little toy mouse that he’s just had in his pocket since he was a kid and his own mother confirms that he’s a category 1 yearner

[tectco]

I was thinking about Husk's love for magic tricks and was like haha magician husk! and i remembered there's magician assistants and i mean,,,Angel's right there sooooo

i whipped up magician and assistant huskerdust

[rad-batson]

Headcanon that Billy is not only immune to the magical lightning that helps him transform, but he’s also immune to normal lightning and all other forms of electricity.

At first, the realization is super cool. Billy doesn’t get hurt by static electricity anymore. He’s immune to Freddy’s hand buzzer pranks. He even gets 200 bucks from some big shot teenagers that dared him to touch an electric fence.

The problem comes when he tries to catch the bus in the rain one day and gets struck by REAL lightning. In front of dozens of people. Who are not supposed to know he’s immune to lightning. And Billy is very bad at improv.

Billy: *gets struck by lightning*

Billy: WHAT THE F—

Everyone: O_O

Billy: Oooo ouchh

Billy: I am in so much pain

[zillychu]

Consider this: ghosts are actually exactly what the Fentons think they are.

They're snapshots of a longing so strong, unfinished business so deep it reaches out beyond life. Lingers just a bit longer. And if it happens to meet a dense cloud of ectoplasm (invisible to the naked eye, but omnipresent even in the mortal realm), it coalesces. The ectoplasm fits into the shape of it. Which, when the desire is strong enough, it's got a rough idea of its self-image. This tends to mean a more humanoid figure, though it's more often warped in some way–a self-reflection, skewed by said desire. The warping varies on the dead soul’s perception of themselves, the intensity of their desire, how much time passed after death, and how much ectoplasm was present.

In short… no matter how “normal" a ghost looks or acts, it really, truly isn't human. It's animated ectoplasm with a single goal: an obsession. Nothing else. They're more akin to plants than animals, following a single drive with no emotion. They react to stimuli, recognize threats (including other ghosts), and can even imitate human speech and mannerisms to obtain fulfillment of their obsession.

Not “evil" by any stretch, but they're entirely driven by instinct. A tree doesn't pause to consider the rocks it breaks with its roots. A cordyceps doesn't torture its host for fun, or kill with malice. It just does. It follows code in its DNA to survive and multiply–And ghosts just follow the code in its ectoplasm to fulfill its obsession. The more powerful a ghost, the better it's able to overcome obstacles preventing this–whether through brute force, or manipulation. This power is always directly proportional to the amount of ectoplasm present at the time of formation, and how much time passed since death.

What then, does this mean for Danny? Danny, who's previously come to the conclusion that he's only half-ghost, which surely explains how he retained his mind? His independent thoughts and emotions?

What does this mean for Phantom, who experienced an entire world’s worth of ectoplasm condensed as a singularity, at the exact time of his death? Whose strength only grows and begins to exceed every limit they previously thought possible?

If a ghost was as strong as him… could it mimic a human perfectly? Down to a molecular level?

Could it, in its desire to fill an obsession… trick its own fake mind into thinking it was still human? Or half-ghost?

[purple-raspberries]

Guess what!

BOOM!

(Click for better quality if needed)

Your honor, they’re perfect for each other!!!!

Frank likes butterflies and facts and nerdy passionate men! Passionate poet Butterfly boyfriend!

Eddie has a literature partner that he can chatter and listen to!! Frank has many books! They’re all fruity!! And Latter needs all the love, tooooooo!

Yellow and purple! yellow and purple!! YELLOW AND PURPLE!!!! AAAAAAAAAA

[cry-ptidd]

(with rizz) Have you seen the play "Lady Windermere's fan"

Details

Flower meanings + my post

[illogicalvulcans]

[Fic Book Covers 11+12/?] Integrative Approaches by Nnm / @mouseonamoose

Demonology and the Tri-Phasic Model of Trauma

As soon as Aubrey Thyme, psychotherapist, had opened her office door and seen her new client, Anthony J. Crowley, sitting in her waiting area, she was observing and assessing him. At first glance, she paid attention to the following: --His clothing was expensive and stylish; --He wore very strange but noticeable cologne; --His relationship to the seat he occupied could only, very loosely, be described as “sitting;” --He looked angry; --He was wearing sunglasses. What Aubrey Thyme, a professional, thought, upon first seeing her new client was: you’re going to be a fun one, aren’t you?

Angel-Centered Therapy Through A Multicultural Lens

“I’d love to meet with you,” Davey said, apologetically, when he had been called up by a fellow looking to initiate therapy, “but I’m all booked up for months.” “Are you sure?” The fellow said, through a poor connection that crackled. Davey had been sure. And yet. Right there in his calendar was a blank spot, just a few days away, which he had somehow completely overlooked before. “How about that…I’ve got Wednesday at eleven, if you can make that work.” “What a miracle,” the fellow said, “that would be just the perfect time.”

[poorly-drawn-mdzs]

Dishonourable Demonstration

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[microvista]

Strike off Company: A Guide to Closure and Dissolution

In today's business landscape, it is not uncommon for companies to undergo changes or face challenging circumstances that may lead to their closure and dissolution. One such method of dissolution is known as "striking off." In this article, we will explore the concept of striking off  company, its legal requirements, benefits, consequences, and the process involved. Whether you are a business owner or simply curious about company closures, this guide will provide you with valuable insights.

Introduction to Strike off Companies

When a company is no longer operational or has become dormant, striking it off from the official register is a viable option. Striking off essentially means removing the company's name from the register, signifying its dissolution. It is an alternative to more formal procedures like liquidation, offering a simpler and cost-effective solution for closing a company.

Reasons for Striking off Company

Several reasons may prompt the decision to strike off company. These include:

Dormant status: Companies that have ceased trading and remain dormant for an extended period can be struck off to avoid unnecessary administrative obligations.

Voluntary closure: Business owners who wish to close their company voluntarily and without going through a formal liquidation process often opt for striking off.

Minimal liabilities: If a company has settled all its outstanding liabilities, striking it off can provide a clean and efficient closure.

Business restructuring: In cases where a company is part of a larger group and needs to be restructured, striking off may be a suitable option.

Legal Requirements for Striking off Company

To ensure a smooth striking off process, certain legal requirements must be fulfilled. These requirements typically include:

Submission of application: The company must submit an application for striking off to the relevant regulatory authority, such as the Companies House in the UK.

Settling outstanding liabilities: Before striking off, all outstanding debts, taxes, and other financial obligations must be settled to avoid complications.

Informing stakeholders: Directors and shareholders must inform employees, creditors, and other stakeholders about the company's intention to strike off.

By fulfilling these legal requirements, companies can proceed with the striking off process confidently.

Benefits of Striking off Company

Striking off company offers several benefits, making it an attractive option for closure. These benefits include:

Cost savings: Compared to formal liquidation, striking off company can be a cost-effective solution, as it requires fewer legal and administrative procedures.

Removal of administrative burden: By striking off, companies can alleviate the burden of ongoing compliance and administrative obligations.

Closure of dormant companies: For companies that have become dormant or are no longer actively trading, striking off provides a straightforward way to close the business officially.

The benefits of striking off make it an appealing choice for business owners seeking closure with minimal complications.

Consequences of Striking off Company

While striking off offers advantages, it is essential to consider the potential consequences. These include:

Impact on directors and shareholders: Directors and shareholders of a struck-off company may face restrictions on future business activities and can be held personally liable for any outstanding obligations.

Potential restoration process: If a struck-off company needs to be revived for any reason, there is a potential restoration process that involves additional time, effort, and costs.

Understanding the consequences can help business owners make informed decisions regarding striking off their companies.

Strike off vs. Liquidation

It is crucial to differentiate between striking off and liquidation. While both options involve company closure, they differ significantly:

Strike off: A simplified procedure for closing a company that is no longer operational, typically used for dormant or voluntarily closing companies.

Liquidation: A more formal process involving the realization and distribution of assets, settling of debts, and the formal dissolution of a company.

Business owners must consider their specific circumstances and consult with professionals to determine the most appropriate method for closure.

Steps to Strike off Company

The process of striking off company involves several key steps. While the exact requirements may vary depending on the jurisdiction, the following steps provide a general overview:

Obtaining necessary documents: Gather all relevant documents, including financial statements, tax records, and company registers.

Filing the application: Prepare and submit the striking off application to the appropriate regulatory authority, adhering to the required format and guidelines.

Compliance with regulatory authorities: Cooperate with regulatory authorities by providing any additional information or documentation they may require during the striking off process.

Following these steps diligently increases the chances of a successful striking off process.

Case Study: Successful Strike off Process

To better understand the practical aspects of striking off company, let's consider a case study. XYZ Enterprises, a small business that had been dormant for several years, decided to strike off its company. By following the legal requirements, settling outstanding liabilities, and submitting a well-prepared application, XYZ Enterprises successfully struck off its company within a few months. This case study exemplifies how the striking off process can be executed efficiently when all necessary steps are taken.

Frequently Asked Questions (FAQs)

Can a struck-off company be revived?

Yes, a struck-off company can be revived through a process known as restoration. However, restoration typically involves additional time, effort, and costs.

Are there any time limits for striking off company?

The time required for striking off company can vary depending on the jurisdiction and compliance with legal requirements. Generally, the process takes a few months.

What happens to the company's assets after striking off?

Upon striking off, the company's assets are typically transferred to the government or relevant authorities. It is crucial to settle any outstanding liabilities before striking off to ensure a smooth process

How long does the strike off process take?

The duration of the strike off process can vary, but it usually takes a few months to complete, considering the legal requirements and compliance procedures.

Can a company be struck off voluntarily?

Yes, a company can be struck off voluntarily, provided it meets the necessary legal requirements and settles all outstanding obligations.

Conclusion

Striking off company can be an efficient and cost-effective method of closure for dormant or voluntarily closing businesses. By fulfilling the legal requirements, settling outstanding liabilities, and following the prescribed process, business owners can achieve a successful striking off outcome. However, it is essential to consider the potential consequences and consult with professionals to make informed decisions. If striking off is the right path for your company's closure, follow the steps outlined in this article to ensure a smooth and hassle-free process.

Microvista's platform is an invaluable resource for businesses seeking to identify deregistered companies in India. With its extensive and regularly updated database, businesses can make well-informed decisions and safeguard themselves against potential risks.

[farannir]

evermore (2020) lyrics that punched me in the gut and/or embraced me in the warmest of hugs

[vaggieslefteye]

HUSK, Hotel Bartender & Concierge | 1x04 - Masquerade

"Oh, I FORGOT — you're the wise-old bartender who's seen it all! Get the fuck over yourself and pour me a real drink."

[stealingyourbones]

Submitted Prompts #144

*shakes a bag of bird skulls I found in the woodsI and places it on your desk like it's a bag of gold*

I had an idea:

What if the Fenton parents are, in fact very competent Hunters, but they love their children more than their work?

Say the first shot Maddie ever fired at Phanton actually lands, and the scream he makes sounds too much like Danny's voice, to a point even with any ghostly distortion, his own still recognizes the voice.

I can see her pulling Jack to the side, making a ruckus about how the "darn ghost got away just as her blaster ran out of juice". Mostly as a way to get Danny her darling son to leave and go somewhere safe, while his parents have a whole breakdown in the GAV about their dead son.

And so begins the stealthy studies on how Phantom's "human disguise" works, the Revelation of Horrible Truth, keeping tabs on Danny's growth and revising their whole attitude on Ghosts to account for the fact that Danny himself is, at least in some part, a Ghost himself, but all he's done is live his life (and be the little hero Mom always said he'd grow up to be).

Jazz stumbles across his secret and is immediately pulled aside to join the secret "Protect the Baby Ghost" family group chat.

"And what about all the times they shot at him in canon" I hear you ask?

They're damn good shots, but while Maddie can train herself to aim just so that the shot misses just enough it looks like Phantom dodged it, Jack has the Fenton Bazooka outfitted with a tracking HUD that purposely fails to hit everyone's favorite Ghost Boy.

Danny picks up on that, but not on the fact that They Know.

And so begins the single most convoluted training arc ever.

Next time Skulker's in town, Phantom has become untouchable. Not a single shot or electrified net reaches it's target.

(The electrified weapons in particular send the Fentons into a rage when Sam and Tucker finally can't keep hiding it, and come clean about what happened, since the Fentons have proven themselves to be trustworthy)

When Red Huntress comes about, and Valerie Grey becomes barely a distant acquaintance after having only just now started becoming more than a friend, and with the GIW sniffing about, Maddie and Jack pull Danny to sit between them and finally tell him they know, and they want to prove that they'll love him just as much as before, whether Human or Ghost.

Danny breaks down in the safety of his family's love, and takes some time off as Phantom to help his parents establish a proper line of communication with the Ancients, considering they've kinda adopted themselves into the roles of Aunts and Uncles towards their little Ghostling.

Which is a good thing, because in Phantom's absence the GIW make a giant spectacle of destroying several houses while chasing some blob ghosts. They're chased out of town by brick, stone and metal bat.

Next time Red Huntress actually manages to hurt Danny, the Fentons pack up and leave. The Portal can be transported somewhere else. It can be rebuilt.

Their baby boy can't be rebuilt, no matter how much he likes to be a little shit and ignore Reality to quote Shakespeare at his own head (thank you Mr Lancer, for not giving up on him) or "give them a hand".

As Fenton takes the last tour of Amity, Phantom disappears. The Protal has been left seemingly unguarded.

The Ghosts decide to have one last hurrah in Anity Park before Danny closes the Portal, as per their deal. They won't hurt anyone, just cause chaos, but in return Phantom won't stop them. It's not like poor Red has the energy to chase them down, now that she's been "upgraded" into Amity's sole defender (the one time Lancer compares her new lack of sleep to Danny's, horrifying pieces start lining up too well in her mind)

The Fentons move out. Into a quiet farm neighbouring the land that belongs to the delightful couple that are the Kents, and their darling son, little Clark, who stares at Danny mildly horrified whenever he comes by to babysit, or help out with fixing the stubborn tractor. One day under Danny's clever hands, and Jonathan Kent's eagle-eyed gaze, and that damned tractor has never worked so well before. The boy's alright in the old man's eyes, and he makes sure they kid knows it.

After quiet rooftop admissions of one small boy's growing powers (I know Adult Clark is a brick house of a man, but what if he was a little twig while young) and the reveal of Something More Than Human from his honorary older brother, the course of Time sets into it's best version, and an Old Clock smiles, as Superman rises, only to be scolded by Spectre for recklessness.

(Dunno how well it came across, but I'm envisioning Valerie's feelings towards Danny to go from bitter resignation because she " had to" push him away, to horrified despair when the truth starts falling into place. He's her "the one that got away". And it's not like she gave him much of a reason to trust her with his secrets.

Maybe older and wiser Red Huntress gets invited to the Justice League, and has to deal with not just Fenton, but also Phantom flirting with her, after a good long conversation on how dumb they both were as kids, and a mutual vow of "I think I can do better now, and I want to prove it to you")

[paradoxbeta]

i was experimenting with face markings, and i realized putting a slice/line over the mouth makes it look unnervingly like a third eye in the right positions. its kind of cursed and i love it, so expect this to be a new oc if i dont use the idea for another slugcat of mine

[kixsuskat]

gift art of/for @demilypyro !! Had fun with the lighting and angle, though i made the original sketch before bed lmao